Acadia Healthcare said in a statement, “During the last several weeks, media has reported on patients who have shared troubling experiences at Acadia’s facilities. As reported, these experiences are completely inconsistent with Acadia’s policies and protocols. Furthermore, reporting on these issues has not reflected the many clinical considerations that inform the appropriate care for a person facing a mental health crisis, including whether and for how long they should receive direct care in a facility. These are complex medical decisions, and all decisions on patient care, including whether treatment is necessary and for how long, are made by licensed physicians, and in accordance with stringent state, federal and other regulations. At Acadia, decisions on patient care are not business decisions – they are medical ones – and these decisions are not in any way related to or influenced by insurance coverage or a patient’s ability to pay. In fact, in 2023 alone, Acadia provided millions of dollars in care for which the Company was not reimbursed by insurance companies, Medicaid or Medicare, but that Acadia felt was critical to ensuring the best outcomes for patients.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACHC:
- Morning Movers: Bristol Myers jumps after FDA approves schizophrenia treatment
- Acadia received voluntary request for information, grand jury subpoena
- Acadia Healthcare issues statement regarding government investigation
- Acadia to pay $19.85M to settle allegations of medically unnecessary services
- New York Times investigation finds Acadia breaks law by holding patients
Questions or Comments about the article? Write to editor@tipranks.com